Tag: brazil inflation

• Wednesday, August 10th 2022 - 10:39 UTC

  Brazil's inflation for July 2022 best in 42 years

  

  Brazil's Institute of Geography and Statistics Tuesday released its monthly price index report for the month of July, which returned negative figures, in line with Central Bank projections that inflation was slowing down.

• Friday, April 12th 2019 - 09:11 UTC

  Brazil inflation 0.75% in March and 4.58% in twelve months

  

  Brazil's inflation rate hit 0.75% in March, the fourth straight month of increases and the highest for the month since 2015 when it registered 1.32%, Brazil's National Institute of Geography and Statistics (IBGE) said on Wednesday.

• Friday, May 11th 2018 - 08:50 UTC

  Brazil inflation in April below official target; another interest rate cut expected

  

  Brazil's inflation rate unexpectedly slowed in April and kept far below the official target, suggesting a recent period of currency weakness is unlikely to keep the central bank from cutting interest rates next week.

• Wednesday, April 11th 2018 - 09:11 UTC

  March inflation in Brazil almost flat at 0.09%; Selic rate expected to be cut 25 extra points in May

  

  Brazil's monthly inflation rate slowed dramatically to a nine-month low in March, suggesting the central bank may have been too slow to signal another interest rate cut as the data continued to fall short of its inflation target.

• Friday, February 9th 2018 - 10:16 UTC

  Brazilian inflation in January below the official Central bank target

  

  Lower power tariffs pulled Brazil's inflation rate below the official target range and even the lowest of forecasts in January. Consumer prices tracked by the benchmark IPCA index rose 2.86% in the twelve months through January, government statistics agency IBGE said on Thursday.

• Thursday, February 8th 2018 - 09:17 UTC

  Brazil's central bank beats inflation and recession: eyes now on the presidential election

  

  Brazil’s central bank cut its benchmark interest rate on Wednesday to a new low of 6.75%, but hinted it was now done with a historic easing cycle. The bank lowered the Selic rate by 0.25 percentage point, its 11th consecutive cut aimed at helping Latin America’s largest economy emerge from a stifling two-year recession.

• Tuesday, January 16th 2018 - 09:34 UTC

  Economic activity in Brazil expands for third month running

  

  Economic activity in Brazil expanded for a third straight month in November, the longest stretch of gains since 2014, suggesting strong momentum at the end of the year. The central bank’s economic activity index rose 0.49% from October after seasonal adjustments

• Wednesday, January 3rd 2018 - 10:12 UTC

  Brazil finished 2017 with a record trade surplus of US$ 67bn

  

  Brazil's road to economic recovery has passed another milestone with official data showing on Tuesday that the country finished 2017 with a record trade surplus 40.5% higher than in the previous year. The US$67 billion surplus was in line with market projections and within the US$65/70bn range forecast by the government.

• Monday, May 11th 2015 - 10:11 UTC

  Brazil's inflation eases in April but still well above central bank's target

  

  Brazil's consumer price inflation slowed in April, but not enough to prevent the 12-month rate from remaining well above the central bank's target. The consumer-price index, IPCA, rose 0.71% in April, compared with a rise of 1.32% in March, the Brazilian Institute of Geography and Statistics, or IBGE, said in its latest release.

• Thursday, April 30th 2015 - 07:52 UTC

  Brazil raises basic rate 50 points to 13.25%, highest since December 2008

  

  As was anticipated and in line with the current anti-inflation policy, Brazil's central bank on Wednesday evening announced the increase of the basic Selic interest rate another 50 points to 13.25% from 12.75%. The decision from the nine-member Monetary Committee was unanimous, according to the official release.